Account Manager (LIHTC Underwriter)
Locations: Columbus, Ohio
Role Summary
The Account Manager is responsible for underwriting low-income housing tax credit projects, driving transactions through the closing process, managing Credit Committee materials, and providing in-depth analysis of due diligence items to support investment decisions. The role performs unbiased evaluations of proposed transactions, structures tax credit investments, measures risk, and identifies mitigants throughout the underwriting and closing process.
What You’ll Do
Underwriting & Transaction Execution
- Understand all facets of assigned tax credit investments, including guarantor review, income and expense analysis, financial underwriting, and due diligence review
- Facilitate due diligence collection and review
- Prepare and present Investment Memo packages, including narratives, risk analysis, mitigants, and ad hoc analyses, for internal approvals during the closing process
- Own and maintain the financial model from letter of intent through closing, including yield maintenance
- Identify and elevate risk items or transaction changes and propose mitigants
- Ensure OCCH underwriting guidelines are met for each transaction
Closing & Coordination
- Drive deals through the closing process and participate in closing calls to maintain timelines
- Provide regular updates to internal leadership regarding underwriting progress, diligence review status, transaction timing, and issue resolution
- Collaborate with Originators to support coordinated communication with developer partners
- Lead the transition of transactions to Construction and Asset Management
- Perform other duties as assigned
Required Qualifications
- Bachelor’s degree in Business, Accounting, Finance, Real Estate, or a related field
- 1–3+ years of experience in real estate finance, lending, affordable housing, and/or the LIHTC program
- Familiarity with industry policies, issues, and programs
Required Criteria
- Strong financial accounting, modeling, and investment structuring skills
- Proficient Excel modeling skills
- Strong analytical, problem-solving, and communication skills
- Attention to detail and ability to manage multiple projects with competing deadlines
- Ability to work independently in a fast-paced environment
- Willingness to work evening and weekend hours during peak periods
- Ability to travel for site visits as required
About the Employer
Ohio Capital Corporation for Housing is an independent, nonprofit organization based in Columbus, Ohio. Since its inception, OCCH has raised over $6 billion in private capital and invested in more than 60,000 affordable housing units across over 1,000 developments. The organization works with private and public developers to support the preservation and production of affordable housing.
Equal Opportunity Statement
OCCH is an equal opportunity employer. Employment decisions are made without regard to race, religion, creed, color, national origin or ancestry, sex, age, marital status, sexual orientation, gender, gender identity or expression, genetic information, disability, veteran or military status, or any other status protected by applicable federal, state, or local law.
